$1,850,000
Updated 3 years ago
Sold

50 East 79th Street, 12-C

Upper East Side, Manhattan | Madison Ave & Park Ave

5 Rooms2 Beds2 BathsCo-op

$1,850,000
Maintenance$4,358

This property was sold for $1,850,000 on 04/10/23.

Listing Features

  • Dressing Area
  • Entry Foyer
  • Dishwasher
  • Walk Thru Kitchen
  • Windowed Kitchen

Outdoor space and views

  • Central Park
  • North Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Bike Storage
  • Fitness Facility
  • Garage
  • Laundry Room
  • Storage

Policies

  • No Dogs. Cats Allowed.
  • Pieds A Terre Ok

Property Description for 50 East 79th Street, 12-C

Opportunity awaits to re-imagine this spacious light-filled two-bedroom co-op estate, with open living and dining rooms, located on the 12th floor north and west facing corner at 79th Street and Madison Avenue. From the gracious entrance foyer, with its three generous closets, one is immediately drawn to the spectacular open views of Central Park and the iconic buildings of Central Park West from the three oversize windows. The open layout of the two large entertaining spaces provides a dramatic setting maximizing light within the apartment and for spectacular sunsets outside. There is a conveniently located windowed kitchen adjacent to the dining room and entrance foyer. The large primary bedroom suite includes two ample closets plus a dressing area and bathroom. The second bedroom is now used as a paneled library/office and has easy access to a second bathroom/powder room conveniently located in the bedroom hall. The building's facade and lobby have recently been refurbished and the gym has been enlarged and updated. Shareholders have use of a laundry and there is a storage room which comes with the apartment. There is currently a wait list for a parking space in the building’s garage. There is a flip tax of 2% payable by buyer and the cooperative allows 65% financing. Pets allowed (1 dog only). This well-regarded cooperative’s superb location at Madison and 79th affords residents nearby fine restaurants, museums, and great shopping as well as transport both by bus or subway in all directions. Moreover, New York's "jewel in the crown", Central Park, is only one block away.

Listing History for 50 East 79th Street, 12-C

Now
04/11/2023
$1,850,000
Sold and Closed by Richard B. Brown III
Compass
02/13/2023
Contract Signed by Richard B. Brown III
Compass

Building Details for 50 East 79th Street

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessAttended Elevator
Year Built1958
Financing Allowed50%
Floors/Apts20/95
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.19 miles
86 St
0.4 miles

Citi Bike

5 Ave & E 78 St
0.13 miles
Madison Ave & E 82 St
0.16 miles

Contact Agents

Contact Agents

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2017951